2014 TOP to EUR Historical Review

YEARLY HIGH

0.4192 EUR

YEARLY LOW

0.3859 EUR

YEARLY AVERAGE

0.3993 EUR

2014 TOP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4192. Conversely, the yearly low was recorded on March 12, dropping to 0.3859.

This high-to-low spread represents a total annual volatility of 0.0334 EUR. From a start-to-finish perspective, comparing the January average rate of 0.3943 to the December average rate of 0.4138, the exchange rate registered a net change of 4.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4192 was down 6.06% compared to the 2013 peak of 0.4463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 2,096 EUR

2013 Average 2,103 EUR

Yearly Trough Low 1,929 EUR

Transaction Impact: A difference of 166.77 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4163

0.3873

JanuMarcMayJulySeptNove

TOP to EUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3933, compared to 0.4053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0121 points.

H1 Avg (Jan–Jun) 0.3933

H2 Avg (Jul–Dec) 0.4053

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0146 EUR (High: 0.4093 / Low: 0.3947). On the other end, February was the most stable month, with a tight range of 0.0058 EUR (High: 0.3945 / Low: 0.3887).

October Spread (Volatile) ±0.0146

February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0049 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4138) against the same month in 2013 (average: 0.3928), the exchange rate shifted by +0.0210 (+5.35%).

2014 Avg (December) 0.4138

2013 Avg (December) 0.3928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3976	0.3906	0.3943
February	0.3945	0.3887	0.3915
March	0.3974	0.3859	0.3897
April	0.4005	0.3878	0.3954
May	0.3976	0.3879	0.3930
June	0.3985	0.3917	0.3957
July	0.4084	0.3970	0.4008
August	0.4106	0.3968	0.4043
September	0.4173	0.4029	0.4074
October	0.4093	0.3947	0.4025
November	0.4097	0.3996	0.4031
December	0.4192	0.4060	0.4138